British police seize almost RM660mil worth of Bitcoin


The seizure by Scotland Yard’s Economic Crime Command followed intelligence received about the transfer of criminal assets. The investigation is continuing. — Reuters

London’s Metropolitan Police has seized £114mil (US$158mil or RM659.27mil) worth of Bitcoin as part of an investigation into money laundering offences.

The police said the sum is more than double the amount of cash seized last year and was the largest cryptocurrency confiscation ever in the United Kingdom.

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